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HomeMy WebLinkAboutFCMeetingMinutes_05.10.16 TOWN OF NORTH ANDOVER FINANCE COMMITTEE Meeting Minutes Meeting Date May 10, 2016 Meeting Location: North Andover High School Bill Callahan, BC Chairman X Susan Almono, SA X Donald Elliot, DE Vice Chair X Timothy Tschirhart, TT X Karin Blake, KB X Liz Gerron, LG X Thomas Ringler, TR X Angela Ciofolo, AC X Chris Nobile, CN X Jennifer Goldman, JG X Note: All FINCOM votes are subject to change upon receipt of new information. Note: Documents used in this meeting are listed in Document Table, herein. Call to order 6:31 Approval of Minutes March 31, 2016 st LG: Made a motion to approve the March 31 minutes JG: Second the motion All were in favor to approve April 7, 2016 th CN: Made a motion to approve the April 7 minutes SA: Second the motion All were in favor to approve 1 May 10, 2106 Contingency Plan for Meals Tax Repeal Discussion starts on or about 6:40 pm The Board discussed Article 15, the petition to eliminate the meal tax. BC: Commented that he agrees with a number of people that this article will not pass. The message here is that we are getting a good value for our dollar and that we are not overspending. BC: Went on to say that we are not over collecting revenue, and we are being prudent about our reserves. I think this message will carry. The Finance Committee also discussed if this article was to pass what action(s) they proposed to take. Move to Town Meeting 6:50 Adjourn 10:08 Document Table SUBJECT FROM TO * 1. Finance Committee Minutes March 31, 2016 AC Fincom * 2. Finance Committee Minutes April 7, 2016 AC Fincom ** 3. 2016 Annual Town Meeting Warrant and Finance Committee Report Fincom Click on the Minutes with the appropriate date ** Handout at Finance Committee Meeting 2 May 10, 2106